Israeli Prime Minister Benjamin Netanyahu said Monday that Israel will “take over all of Gaza” as the IDF ramps up its ground operation across the enclave after a massive bombing campaign last week to soften any remaining pockets of resistance and inflict major punishment on civilians.
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GAZA DEATH TOLL
The death toll in Gaza has reached 53,573 and the number of Palestinians injured hit 121,398 as Israel ramps up its offensive inside the battered enclave, with Israeli Prime Minister Benjamin Netanyahu announcing that Israel will “take over” the entire Strip.
SPOTLIGHT: THE GLOBAL AUTO INDUSTRY IN FLUX
During this year’s first quarter, registrations of new all-electric vehicles (EVs) shot up 28 percent across Europe and the U.K. due in particular to a jump in Germany, where sales more than doubled, the trade group ACEA reported.
TRUMP’S TRANSACTIONAL MIDDLE EAST SWING RICH IN DEALS, POOR IN SUBSTANCE
U.S. President Donald Trump’s recent swing to the Middle East, shortly after Eric Trump’s visit to the region to shore up business deals for the Trump Organization, came across as a lovefest between the president and leaders of the Gulf states…
REPUBLICANS GIVE EXTRA TAX BREAK TO PRIVATE BUSINESSES
Republicans drafting tax-cut legislation in Congress have spontaneously added an additional $104 billion in cuts for closely held businesses—enterprises owned by a small group, usually a family or handful of partners.
TOP TREND 2024, BANKS GO BUST: BANK THAT BET BIG ON OFFICE REAL ESTATE FACES PRECARIOUS FUTURE
Bank OZK, based in Arkansas, made its way into big-time banking with what The Wall Street Journal called its “obsessive focus” on taking part in major loans to large office projects.
U.S. ECONOMIC BRIEFS: APRIL RESULTS
In the week ending 10 May, 229,000 people filed new claims for unemployment benefits, the same number as the revised figure from the previous week, the U.S. Labor Department reported.
RETAIL REAL ESTATE BOOM FLATLINES
In the wake of the COVID War, brick-and-mortar retail rebounded and so did the demand for store space.
ARE BRITISH CAR MAKERS LOSING THEIR U.S. MARKET?
In the 1970s, the U.K. produced more cars than any country other than the U.S. Since then, Britain’s car industry lost its technological edge, labor costs increased as unions gained power, and the sector has been rolling downhill for the past half-century.
IF MANUFACTURING RETURNS TO U.S., CAN ROBOTS MAN THE FACTORIES?
A key goal of Donald Trump’s tariff campaign is to revive the U.S. manufacturing industry and open new factories. At the same time, his plan for mass deportations is shrinking the American workforce.